Billionaire Wilbur Ross, one of the biggest shareholders in Bank of Ireland, was behind the bank's landmark issuance of subordinated debt last week, which took the market by surprise and brought the institution one step closer to funding itself independently.
The legendary investor, who owns 9 per cent of the bank and sits on the board, told *The Sunday Business Post* that he advised management to sell the bonds to bolster its capital reserves ahead...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team